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Dave & Buster's

Dave & Buster's

Eat, drink, play and watch sports at your local Dave & Buster's! Fun for the whole gang - no group is too large - Contact a planner today!

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daveandbusters.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Gastronomy
Gastronomy
Entertainment
Entertainment
Restaurant
Restaurant
Location
Dallas
Dallas
B2X
B2C
B2C
0
Pitchbook URL
pitchbook.com/profiles.../10058-86
Number of Employees (Ranges)
10,001+0
Phone Number
+18008425369
+18883001515
+12143579588
Full Address
2481 Manana Dr., Dallas, TX 75220, US0
Founded Date
1982
0
Stock Symbol
PLAY
Exchange
Nasdaq
Nasdaq
Legal Entity Identifier
549300JAVWTAY1FT5Z450
Country
United States
United States
Headquarters
Dallas
Dallas

Other attributes

Company Operating Status
Active
TikTok URL
tiktok.com/@daveandbusters
Wikidata ID
Q5228205

The first Dave & Buster's was opened in Dallas in 1982 by David Corriveau and James "Buster" Corley. Corley had previously operated a bar called "Buster's" in Little Rock, Arkansas, next door to a saloon and game parlor called "Cash McCool's", owned by Corriveau. After opening Dave & Buster's, the two operated as co-CEOs.

In 1989, Edison Brothers Stores purchased a majority ownership in the restaurant to finance further expansion into other cities.[5] Dave & Buster's was spun off from Edison Brothers, and went public with Andy Newman as chairman in 1995. By 1997 the chain had ten locations across the country.

D&B acquired nine Jillian's locations after Jillian's filed for Chapter 11 Bankruptcy in 2004. Seven of these Jillian's locations were rebranded with the Dave & Buster's name, while two were closed following the acquisition. The company announced on December 8, 2005, that it would be acquired by private equity firm Wellspring Capital Management.[11] On July 16, 2008, Dave & Buster's Holdings Inc, filed with the SEC to again become a publicly traded company.[12] The company had set a date for the Initial public offering IPO of October 5, 2012.[13] However, it pulled out right before it opened. In June 2010, Oak Hill Capital Partners, in partnership with the company's management team, completed its acquisition of Dave & Buster's from Wellspring Capital Management.

In October 2014, Dave & Buster's launched a second IPO, selling 5.88 million shares at an offering price range of $16–18. The offering raised $94 million, to be used for debt repayments. Shares are traded on the NASDAQ stock exchange using the symbol PLAY.

On March 20, 2020, Dave & Buster's temporarily closed all locations due to the COVID-19 pandemic. Most locations have been reopening since May 2020.

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